XXX Lot 8 S 4TH AVENUE
About This Property
Seize the opportunity to own a prime commercial lot in the heart of downtown Flagler Beach, Florida. This lot is perfectly situated within walking distance of the vibrant shops, diverse restaurants, and the beautiful beach. With its general commercial zoning, the possibilities for development are endless. Whether you're considering retail, short-term rentals, or other ventures, this property offers a unique chance to build your wealth with multiple income streams.
Key Features:
- Prime downtown location in Flagler Beach
- General commercial zoning allowing versatile use
- Walking distance to shops, restaurants, and the beach
- 3 miles from I-95
- 20 minutes to Daytona Beach and the airport
- 30 minutes to historic Saint Augustine
- Just over an hour to Orlando's amusement parks and airports
This lot is a gateway to an array of possibilities in one of Florida's most desirable locations. Don't miss out on this exceptional investment opportunity to own a piece of Flagler Beach and create your dream project. Act now and start building your future today! LOT #8 is the lot being sold. Please verify with the City of Flagler Beach to confirm zoning and usage.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 12, 2025 | Sold | ||
| Sold | |||
| May 27, 2025 | In contract | - | |
| In contract | |||
| May 23, 2025 | Relisted | $395,000 | |
| Relisted | |||
| Apr 21, 2025 | In contract | - | |
| In contract | |||
| May 23, 2024 | Listed by STILES REAL ESTATE CO. | $395,000 | |
| Listed by STILES REAL ESTATE CO. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017